Global trading platform Structure, which aims to facilitate crypto-based lending and investing for mobile phone users, said on Wednesday it has raised $20 million in capital from investors and from a private sale of its digital currency $STXR.
Structure will offer decentralized finance, or "DeFi" - crypto-denominated lending outside of traditional banking - as well as investing in tokenized assets, digital versions of assets such as stocks and real estate.
The funding was led by crypto fund Polychain Capital. Other investors include Bixin Ventures, a crypto venture fund, and Ascensive Assets, a digital asset investment firm.
The latest funding valued
Read more on ndtv.com